Greater China
Sinotrans invests RMB4bn in automobile logistics park
Shanghai: Sinotrans & CSC Group is going to invest up to RMB4bn to develop an automobile logistics park in Wuhan, according to a release from the Wuhan Economy and Technology Development Zone.
The logistics park will mainly serve the automobile industry in Wuhan. Sinotrans plans to build three berths for 800-1200 ceu roro ships, two 3000dwt-5000dwt multipurpose berths and warehouses.
The park is expected to be the automobile logistics centre in central China. The construction will start next year. [19/07/13]